Boron One Holdings Inc. reported positive results from bulk-scale metallurgical testing conducted on samples from its 100% owned Piskanja Boron Property ("Piskanja"). The testing returned a commercial grade of ulexite concentrate with a 57.96% B2O3 content (66.9% mass recovery), which meets or exceeds the specifications of ulexite concentrate products commercially available from other leading boron producers. Bulk-scale metallurgical test results for the mixed borate zones within Piskanja are expected shortly.

Colemanite, ulexite, and mixed borates zones represent the entire composition of Piskanja mineralization. Highlights of metallurgical tests: Ulexite: A blended sample weighing approximately 170 kg, representing each of the ulexite zones within Piskanja (with a test sample blended head grade which closely approximates that of the average ulexite grade found within Piskanja overall) underwent grinding, and calcination, and resulted in the production of a sales-grade ulexite concentrate with a57.96% B2O2 content. Background: Boron One Holdings Inc. and its operation subsidiary, Balkan Gold, retained the services of ALS Metallurgy in Beron, Australia to conduct a mineralogical assessment, a bench-scale metallurgical test program, and ultimately a bulk-scale testing program, on composites representing a number of the drill core intervals on correlate materials originating from Boron One's Piskanja Boron Project.

ALS Metallurgy is an experienced provider of metallurgical testwork to the boron industry, having worked extensively with borates from various locations globally. This press release contains express or implied forward-looking statements relating to, among other things, Boron One's expectations concerning management's plans, objectives and strategies, including its plans for advancing the Company's Piskanja Project through to an exploitation license. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond control, and which could cause actual results to differ materially from those contemplated in these forward-looking statements.

Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, changes in exchange rates, fluct in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Boron One Holdings Inc. undertakes no obligation to update or revise the information contained in this news release, whether as a result of new information, future events or circumstances or otherwise except as expressly required by applicable securities law.

Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Boron One with the securities regulatory authorities, available at. These and other factors made in public disclosures and filings by the Company should be considered carefully. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

"Inferred Resources" have a great amount of uncertainty as to their existence, and economic and legal feasibility. Investors are cautioned not to assume that all or any part of an inferred mineral resource reported in this news release will ever be upgraded to a higher category or to reserves.